ST. AUGUSTINE, Fla. - September 19, 2012 - (BUSINESS WIRE) - Creative Learning Corporation (OTCBB: CLCN), owner and developer of Bricks 4 Kidz®, the highly-popular children’s education and enrichment program, is pleased to announce that August was a record month with 22 franchises sold and total revenue in excess of $500,000. CEO Brian Pappas attributes the quarterly results to a substantial increase in lead flow from franchise seekers as well as to the performance of the Company’s franchisees. Pappas stated, “August is typically one of the slowest months in the Franchise Industry, but this has not held true for us. You don’t sell franchises in any franchise system unless the franchisees are doing well. We focus tremendous energy on our franchisees through our support system and are constantly seeking ways to assist them in their local businesses.
Creative Learning Corporation, operating under the trade name Bricks 4 Kidz®, offers programs designed to teach children ages 3-12+ the basic principles of engineering, architecture and physics using LEGO® bricks. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills by designing numerous structures, devices, and systems using proprietary LEGO® bricks and models. The company currently has 180+ franchises and is expanding its international reach, fulfilling an educational need in many communities that are lacking these types of programs. With few direct competitors (i.e. franchisors of a similar business model) and a strong business model that is generating recurring and exponential revenue, Creative Learning Corporation is a solid leader in a rapidly expanding industry. For more information, visit www.bricks4kidz.com.
This press release may contain “forward-looking statements” that are made pursuant to the “safe harbor” provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC under the “Risk Factors” sections and elsewhere in those filings.
Creative Learning Corporation